GOVERNMENT OF AZERBAIJAN APPROVED PROJECT OF BUDGET FOR 2006
The government of Azerbaijan adopted the project of the budget for 2006 on 23 September. According to the information from the reliable sources to Trend, the budget was passed with the following parameters:
revenues вЂ" 3 408 315,3 thousand of denominated AZM (5000 manat = 1 new AZM - 5000 AZM=1 AYM). The share of the centralized revenues is 3 189 200 AYM, the share of local ones is вЂ" 219 155,3 AYM.
- expenses вЂ" 3 566 315,3 thousand of denominated AZM. The share of the centralized expenses is 2 992 115,8 AYM, the share of local ones is 574 199,5 AYM.
- the budget deficit is -158 million AYM,
The basic components of the revenue items are to be the tax from physical persons- 397 797,2 thousand AYM, VAT вЂ" 713 340 th. AYM, excises вЂ" 146 926 th. AYM, road tax вЂ" 11 430 th.AYM, entries from State Customs Committee (SCC) вЂ" 129 950 th. AYM, revenues not from taxation - 201 607 th AYM. Transference of the State Oil Fund (SOFAR) to the state budget is to be 585 million AYM. The price for one barrel oil in the budget project is indicated at the supposed level of $40/barrel.
The project of the 2006 budget, the highest financial document вЂњhas been developed based on optimally selected optionsвЂќ, the Finance Minister of Azerbaijan Avaz Alekperov told Trend.